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Trade in Attacking Currency Trends: How to Anticipate and Trade Big Moves in the Forex Market (Wiley Trading) for an Amazon.co.uk gift card of up to £10.40, which you can then spend on millions of items across the site. Plus, get an extra £5 when you trade in books worth £10 or more until June 30, 2012. Trade-in values may vary (terms apply). Find more products eligible for trade-in.
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Product Description
Product Description
To thrive in the marketplace traders must anticipate, enter, and stay with trends in the foreign exchange market.
In this much–needed guide top forex, expert Greg Michalowski clearly explains the attributes of successful traders, and shows how traders can set themselves up for success by drafting an explicit mission statement and game plan. The book also contains the tools and techniques traders need to read the markets and identify when a market is in a trend. Michalowski shows traders how to enter an emerging trend, how to manage the position, and how to exit the position most effectively.
- Includes the technical tools needed to invest in the foreign exchange market: moving averages, trendlines, and Fibonacci levels
- Shows how to identify a trend and stick with the trend through its duration
- Written by Greg Michalowski who was cited by SmartMoney magazine as a "go to" source for making money moves
With this book, Michalowski offers an important resource for identifying and riding out long–term trends in the volatile foreign currency.
From the Inside Flap
Making money while limiting risk is something every good trader strives to do. But in order to achieve this goal you need a firm understanding of financial markets, as well as the tools that will allow you to effectively apply sound trading strategies in them.
Nobody understands this better than author Greg Michalowski—a market veteran who has spent the last ten years with retail forex brokerage company FXDD—and now, with Attacking Currency Trends, he shares his experience in this field with you. Following a step–by–step approach and progressing in a logical manner, this practical guide will help swing trading results in your favor by showing you how to better anticipate and attack the trend in currencies.
Divided into two comprehensive parts, this reliable resource opens with a detailed discussion of how to build a solid foundation for your currency trading. Here, you′ll become familiar with the attributes of all successful traders and discover the essential characteristics of retail currency traders. Along the way, you′ll also be introduced to specific elements that will allow you to excel in attacking forex trends—namely a mission statement, a game plan, and rules.
After explaining how to develop a solid foundation, the book transitions into the technical tools and strategies used to anticipate and manage forex trends, define risk, and control fear. You′ll gain valuable insights into three main charting tools—moving averages, trend lines and remembered lines, and Fibonacci retracements—and learn why successful currency traders look at short–, intermediate–, and long–term time periods equally and trade using all three. Relevant examples are also included, highlighting how trading does not always have to be complicated.
Success in currency trading, as in any business, is based on building the right foundation and using the proper tools. Combining his years of trading experience with his knowledge of retail traders and the nuances of the currency market, Greg Michalowski has created an accessible trading guide that will help you minimize risk, keep fear in check, and capture consistent profits in today′s dynamic currency market.
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Customer Reviews
By far the best book on trading FX I've read and I have two shelf fulls of them! It has transfomed my results in just 6 weeks. Simple, easy to read and understand and easy to set up. Great book - many many thanks Greg! MAH (aka BluePoweder.)
Greg Michalowski has really made this book informative but easy to read. You don't get bogged down with details and the real life examples combined with clear charts makes it stand out from other FX books. I had a good understanding of FX prior to reading but he gave me a few more ideas and those ideas have worked.
I would definitely recommend Attacking Currency Trends to all as its well worth it:)
I will keep this review brief because what I want anyone reading this review to do is BUY the book! Read more
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